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Freddie’s CRT Issuance Booms as Fannie Sits Idle

November 13, 2020
John Bancroft

For its part, Fannie has stayed away from new CRT issuance other than some reinsurance transactions...


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Primary MI Sets New Highs in 3Q20 Mortgage Boom

November 12, 2020
John Bancroft

The refinance business for private MIs fell 11.0% from the second to the third quarter, dropping to 30.6% of their production. Still, that’s well above historic norms...


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Short Takes: Mortgage Insurance Heaven / Strong NIW from MGIC and Radian / Genworth’s Sale is Still a Go / The Election and What It Means for the Financial Sector

November 5, 2020
Paul Muolo

With their COVID-related charges in the rearview mirror, the mortgage insurance sector came roaring back...


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Ginnie Buyouts Spike at Mr. Cooper. More on the Way?

November 2, 2020
Paul Muolo

Ginnie buyouts of delinquent mortgages are a common practice – but it takes readily available cash, or a line  of credit...


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Losing Market Share Once Again: The FHA Program

October 29, 2020
John Bancroft

The FHA share of the insured agency market fell to 22.7%, down from 23.5% in the second quarter and 28.8% a year ago.


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DOJ Unveils Guild FHA Legal Settlement

October 23, 2020

In settling with the FHA charges with government, Guild did not admit liability...


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HUD IG: COVID-Related Forbearance Information Continues to Fall Short

October 20, 2020
Maria Volkova

Problems still persist in informing borrowers of the duration of the initial forbearance period...


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As CARES Act Protections Expire, Forbearance Readings Head South

October 19, 2020
Paul Muolo

Commenting on the stubbornly high Ginnie measurement, MBA's Fratantoni noted it shows that recovery is not uniform “and that many are still struggling to gain their footing.”


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A Surprising Drop in Ginnie Mae Servicing

October 15, 2020
John Bancroft

While the supply of VA loans in Ginnie MBS continued to grow during the third quarter, the volume of securitized FHA forward mortgages fell 2.7% from the end of June.


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Ginnie MBS Buyouts Slow in August

October 14, 2020
John Bancroft

Most loans are removed from Ginnie pools because the borrower paid off the loan. Then there's the matter of EBOs...


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Latest Imf News

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